Government Plan on the Economy

Unless you have been hiding under a rock (and I can't blame you if you have), you have probably heard about the government plans to deal with the economic crisis. Today, rather then getting into a debate about is it a good idea or not, I thought I would give everyone a few places to read some of the discussion going on in Congress and in the Executive Branch:

• Tuesday's Hearing before the Senate Banking Committee:Thanks to CSPAN you can watch these online or read the various statements without watching. The statements miss out on the best part, which is the back and forth between those testifying and the members of the Senate.
• Today's Hearing before the House Committee on Financial Services: If you are looking for something a little different to do over lunch, check out this live web cast.
• White House Economy Page: Here you will find links to press statements by the President and his press secretary on the economy and the economic plan.
• Treasury and Federal Housing Agency Action to Protect Financial Markets and Taxpayers: I linked to this page a while back when it was just discussing the Fannie and Freddie bailout, but now it has a whole lot more!
• Secretary of the Treasury Paulson Testimony: This is exactly what it sounds like, with some fact sheets on the proposal.
• Congressional Budget Office analysis: This is testimony from the director of Congressional Budget office on the cost of the "Troubled Asset Relief Act of 2008."
  
• Bills before congress: Wait, there is no link there... Now there has been discussion about this all week and the President has been calling for action by Friday, but thus far no concrete read the bills to check out. What you can read is Senator Dodd's proposed bill. You will have to read the text of the proposal from the New York Times web site.

Still need more information on banking issues, check out the library guide.